Medical Equipment Companies By Current Ratio

Current Ratio
Current RatioEfficiencyMarket RiskExp Return
1DRTS Alpha Tau Medical
41.98
 0.04 
 3.15 
 0.13 
2NVNO enVVeno Medical Corp
20.79
 0.12 
 5.29 
 0.62 
3MODD Modular Medical
14.09
(0.09)
 4.51 
(0.42)
4NMTC Neuroone Medical Technologies
13.42
 0.13 
 4.61 
 0.59 
5FEMY Femasys
10.9
(0.13)
 3.84 
(0.50)
6NPCE Neuropace
9.86
(0.07)
 5.46 
(0.40)
7NDRA ENDRA Life Sciences
9.64
 0.05 
 19.53 
 0.92 
8NVCR Novocure
8.08
(0.12)
 4.53 
(0.53)
9NYXH Nyxoah
7.24
 0.11 
 3.19 
 0.35 
10MOVE Movano Inc
6.78
 0.01 
 10.67 
 0.08 
11DRIO DarioHealth Corp
6.35
(0.10)
 3.38 
(0.34)
12NSPR InspireMD
6.26
 0.03 
 3.92 
 0.12 
13OM Outset Medical
6.24
(0.02)
 4.74 
(0.09)
14MHUA Meihua International Medical
5.45
 0.11 
 8.85 
 0.94 
15NEPH Nephros
5.27
 0.13 
 7.71 
 1.00 
16ECOR Electrocore LLC
5.16
 0.13 
 5.19 
 0.68 
17NTRB Nutriband
5.12
 0.08 
 6.79 
 0.58 
18ELMD Electromed
4.83
(0.07)
 3.32 
(0.23)
19NUWE Nuwellis
4.55
(0.08)
 21.28 
(1.69)
20EDAP EDAP TMS SA
4.37
(0.22)
 3.77 
(0.83)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company. Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).